Certified Personal Financial Wellness ConsultantsNFEC Certified Financial Coaching Professionals
Those financial coaches who earn their credentials through the NFEC – Certified Personal Financial Wellness Consultants – take their place among the most highly-qualified financial coaches in the nation. They have completed training, gained experience in offering financial coaching services, and proven their ability to effectively help people work toward greater financial health.
Graduates of the Certification program meet national standards set for financial coaching professionals and have demonstrated their competency in coaching processes, knowledge of financial education topics and coaching methods, have passed background checks, and have agreed to standards of practice that put the clients’ needs first.
Graduates of the NFEC Financial Coach coursework successfully complete practical lessons that help them offer top-grade financial coaching services. Graduates successfully complete 18 Continuing Education Units (CEUs) for a total of 180 Professional Development Hours (PDH).
Risk of Unqualified Financial Educators
Unfortunately, many financial coaches today lack solid educator credentials and/or knowledge about the subject matter, processes, and regulations involved in offering financial coaching services. Beyond academic qualifications, studies also show that a coach’s passion, enthusiasm, and commitment play critical roles in successful student development, and a correlation certainly exists between a coach’s level of personal commitment and clients’ financial futures. [9] [10] [11]
Under-qualified or poorly-performing financial coaches may bring future economic disaster. The effects of poor personal financial guidance can continue to affect clients’ lives for many years after the coaching ends. [5] [8]
Qualified financial coaches understand that a “one-size-fits-all” method does not work. The NFEC believes that financial coaches are not simply dispensers of knowledge; they are learning facilitators who can mold or modify participants’ behavior to help them achieve financial wellness.
Your NFEC Financial Coach Follows these Standards and Code of Conduct
NFEC Certified financial coaches – NFEC Financial Coaches – are required to follow these practice guidelines. The overarching theme of the guidelines is that financial coaches have a fiduciary responsibility to their clients and must act in their best interests.
Hire Only Certified Personal Financial Wellness Consultants as Financial Coaches
Personal finance has powerful impact on many areas of people’s lives, and implementing proper financial coaching procedures requires specialized expertise. The financial coach directly influences both short-term student outcomes and their long-term financial wellbeing. The NFEC’s Certified Personal Financial Wellness Consultants possess the skills and credentials that help them motivate, engage, educate, and move participants of all ages to take positive financial action. Program graduates have passed comprehensive financial coaching certification coursework and a test administered by the NFEC.